Hey Everyone, I just listened to the BP Podcast # 4 (www.biggerpockets.com/show4) with Frank Gallinelli talking about the idea of getting started with commercial property as opposed to residential. He made the point t...
This is a question aimed mainly at investors who are already in the commercial space, dealing with large multi-family complexes, but that being said, advice from anyone in any niche is more than appreciated.Basically,...
Anyone have perspective to lend on the differences between a commercial and residential foreclosures. Things like auction process, frequency lender repossession, for example through a deed in lieu, allowing financing,...
Hi all,
I under contracted one 6 units multifamily in Bay Area and doing commercial loan with Chase.
The financial of property is good:
DSCR = 1.3; LTV = 45%;
Both my liquidity and net worth passes Chase's ...
Hi,
I own retail condo units which I rent out to various national tenants.
I am in the process of hiring a new property manager and was wondering whether it is generally a good idea to hire the same condo's management...
I just wanted to get people's opinion here.Residential has numerous advantages - easy to find tenants, Fannie Mae offering long term loans, etc. It's fairly hands off if you find a good property manager. Why do you in...
Hello everyone, I am a new investor that recently joined BiggerPockets and I'm excited to start connecting with people here.
I currently live in a small town south of PA, about 1.5 hours from DC and Baltimore.
I hav...
I had posted this deal a couple of months ago. The property is still listed (red flag) and I am revisiting this opportunity.Asking Price: $260,000Apartments: 9 Units (Fully rented, average rent is approximately $370/...
A commercial property in the Denver area (Littleton) has about 20% of its suites vacant for the last 4 months. When questioned, the property manager stated that the market for small offices (800-2400 sqft) usually slo...
I'm sure there are and I would like to connect with them.